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Huawei is advancing its AI capabilities with the upcoming Ascend 910D processor, set to challenge Nvidia's dominance despite US sanctions. The company also launched the CloudMatrix 384 rack-scale system, which, while offering higher performance, consumes significantly more energy than Nvidia's systems. Huawei's strategy emphasizes system-level optimization over individual chip efficiency, leveraging China's power supply to enhance AI infrastructure.
Morgan Stanley has issued a negative outlook on SK Hynix, likening tariff concerns to an "iceberg" that conceals risks in the memory semiconductor market. The report highlights delayed PC demand and weakening consumer sentiment in China, while projecting a potential slowdown in high bandwidth memory demand due to U.S. export regulations. Despite this, SK Hynix reported strong earnings in Q1, surpassing market expectations, and maintains that global memory demand remains stable.
Samsung Electronics plans to invest $117 million in its Chennai manufacturing facility, which produces refrigerators, TVs, and washing machines, despite recent labor unrest, including a five-week strike for higher wages and union recognition. This investment is expected to create 100 additional jobs, reinforcing the company's commitment to the Indian market amid ongoing labor challenges. Tamil Nadu's role as a manufacturing hub is highlighted, as the state navigates the balance between attracting investments and addressing worker demands.
Huawei is set to begin mass production of its AI chip, the Ascend 910C, next month, aiming to rival Nvidia's H100 amid U.S. export restrictions. The chip, which integrates two 910B units, is expected to enhance China's AI capabilities, although challenges in mass production and technological advancement remain. As Huawei advances, companies like SK Hynix and Samsung are closely monitoring the situation, with potential implications for the global semiconductor market.
Samsung, Hyundai, and Hanwha were significant donors to Donald Trump's second inauguration, contributing a total of $2.315 million. Samsung increased its donation from $100,000 in 2017 to $315,000, while Hyundai donated $1 million amid economic pressures from tariffs on imported vehicles. The inauguration raised a record $239 million, reflecting a trend of corporations viewing such contributions as strategic investments to secure favorable relations with the administration.
Foreign investors have significantly reduced their stakes in Samsung Electronics, Hyundai Motor, and SK hynix, selling shares worth over $4.7 billion amid rising concerns over potential US tariffs. This trend reflects South Korea's historical vulnerability to US trade tensions, particularly in the automotive and electronics sectors, which are highly integrated into global supply chains. The sell-off signals a shift towards economic nationalism, with investors anticipating ongoing trade fragmentation and its impact on export-dependent companies.
South Korea's customs agency has reported a surge in misrepresented exports, particularly from China, aimed at evading U.S. tariffs. In Q1 2025, violations reached 29.5 billion won (US$20.8 million), with 97% destined for the U.S., prompting the launch of a task force to strengthen safeguards for local industries. The rise in circumvention tactics, including complex logistics and relabeling, poses significant threats to legitimate Korean manufacturers and national security.
Samsung Electronics is reevaluating its manufacturing strategy in Vietnam due to potential US tariffs that threaten its operations, where 60% of its 220 million annual phone sales are produced. The company is considering increasing production in India or South Korea, despite the associated costs and delays. This situation highlights the deep economic interdependence between Samsung and Vietnam, as the tech giant significantly contributes to the country's GDP and export turnover.
Samsung Electronics has appointed Roh Tae-moon, previously the mobile business chief, as the acting head of its consumer and smartphone division following the recent death of co-CEO Han Jong-Hee. Roh will oversee the Device Experience division, which includes TVs, home appliances, and smartphones. The company’s board will later decide on the future of the co-CEO structure amid ongoing operational challenges.
Samsung Electronics Co., Ltd.
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